Barclays launches investment note linked to top FTSE companies

Barclays Stockbrokers has announced the launch of a new Investment Note which will add to the diverse range of products available to investors looking to invest in the FTSE 100 in a tax efficient way. The FTSE 100 Accelerated Return Investment Note comes with a five-year term and is eligible to be held within a Barclays Stockbrokers trading account, Investment ISA or SIPP. It is linked to the performance of the FTSE 100 Index, which comprises the 100 most highly capitalised blue chip companies, representing approximately 81% of the UK market1 and traded on the London Stock Exchange, and as little as £500 can be invested.

The FTSE 100 Accelerated Return Investment Note offers investors a one-off return equal to 75% if, at the end of the five year term, the Index is equal to, or higher than, the initial level2. The Note, a Structured Capital-at-risk Product (SCARP), is also designed to pay back investors’ initial capital at maturity, unless the index falls by 60% or more at any time and is not at least equal to or higher then the initial level at maturity then your capital repayment will be reduced by 1% for every 1% the Index is below its Initial Level.3

Amy Nauiokas, MD and Head of Barclays Stockbrokers says: “This Investment Note is designed for investors looking to invest the FTSE 100 Index over the long term while making use of their tax-free allowance. Our clients are looking for increasingly diverse ways to make the most of their allowances and gain exposure to different markets. The Investment Note offers another avenue for investment during ISA season for the tax-savvy among us, and, as with other Notes in the range, gives investors the flexibility of buying and selling through Barclays Stockbrokers on a daily basis.”